I think anyone who has not invested in precious metals is foolish because the value of the dollar is going to spiral down in a hurry. Today, Gold is almost $1000/oz. Silver is over $15.00/oz. If you had invested in these metals in the 1990’s to 2000, your investments would have increased 300%.
But, because of the very unstable economy, and who is in charge of it, precious metal prices will skyrocket. Best to buy now before the prices skyrocket upward. UNLESS of course you feel that the “Great Catching Up In The Air” will take place very soon, in which case. just hang loose.
this is tricky business. yes, we’ve heard this same rant for decades and it never comes true. but things ARE different this time. Since i am not the Messiah (and neither is the reputed “m”essiah) we’ll just have to wait and see. Good news is that i can finally cash in my gold high school ring and get back what i so foolishly overpaid for it so long ago!! That shouls provide a meal or two for my family when things get really really bad in about 6 weeks.